Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Sees Significant Drop in Short Interest

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 82,333 shares, a decrease of 32.5% from the November 30th total of 121,990 shares. Based on an average trading volume of 205,000 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 205,000 shares, the short-interest ratio is currently 0.4 days.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NYSEAMERICAN:NRO remained flat at $3.02 during trading on Monday. The stock had a trading volume of 366,226 shares, compared to its average volume of 239,190. The company has a 50 day moving average of $3.06 and a two-hundred day moving average of $3.17. Neuberger Berman Real Estate Securities Income Fund has a 12-month low of $2.75 and a 12-month high of $3.69.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.0312 dividend. The ex-dividend date is Monday, December 15th. This represents a c) dividend on an annualized basis and a yield of 12.4%.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

A number of hedge funds have recently modified their holdings of NRO. Larson Financial Group LLC increased its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 39.7% in the 3rd quarter. Larson Financial Group LLC now owns 16,900 shares of the company’s stock worth $55,000 after purchasing an additional 4,800 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 16.5% during the third quarter. Benjamin Edwards Inc. now owns 58,762 shares of the company’s stock valued at $190,000 after purchasing an additional 8,335 shares in the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the third quarter valued at $33,000. K2 Principal Fund L.P. bought a new stake in Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth about $34,000. Finally, XTX Topco Ltd purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter worth about $34,000.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end management investment company organized as a Massachusetts business trust. Listed on the NYSE American exchange, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through an actively managed portfolio of real estate securities. Its structure allows investors to access a diversified pool of real estate assets within a single investment vehicle.

The fund’s primary investment focus is on equity real estate investment trusts (REITs), real estate operating companies and other real estate–related securities.